Papadmalji Agro Foods IPO Day 1: Subscription Opens Today, 29 September 2026
- September 29, 2026
- Posted by: Harsh Piplani
- Category: IPO
Papadmalji Agro Foods IPO opens today, 29 Sep 2026, closes 1 Oct 2026. Price band Rs 69-72. Lot size 1,600 shares. Lists on NSE SME on 7 Oct.
Quick Answer
The Papadmalji Agro Foods IPO opens for subscription today, 29 September 2026, and will remain open until 1 October 2026. Papadmalji Agro Foods Limited is a Bikaner-based food company manufacturing handmade and machine-made papads, rice papads, vrat special papads and moongodi, and is raising about Rs 20.18 crore through its SME issue. The price band is set at Rs 69 to Rs 72 per share, with a lot size of 1,600 shares, and the shares are proposed to list on the NSE SME platform. Since bidding has only just opened, subscription figures will start reflecting real demand as the days progress, so investors should track the live numbers through the session before deciding.
Papadmalji Agro Foods Limited, incorporated in December 2017, has opened its IPO for subscription today, 29 September 2026. The Papadmalji Agro Foods IPO is a book built SME issue of 28,03,200 shares worth about Rs 20.18 crore at the upper price band, and will remain open for bidding until 1 October 2026. The equity shares are proposed to be listed on the NSE SME platform.
The company manufactures handmade papads, machine-made papads, ready-to-fry papads, rice papads (Khichiya), vrat special papads and moongodi in-house in Bikaner, Rajasthan, selling under five brands: Vishal, Rozana, Papadmalji, Diamond and Zhakaas. It reported revenue of Rs 33.53 crore and profit after tax of Rs 5.21 crore for the year ended 31 March 2026.
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Papadmalji Agro Foods IPO Details
The table below sets out the key parameters of the Papadmalji Agro Foods IPO, including the price band, lot size and important dates.
| Open Date | 29 September 2026 |
| Close Date | 1 October 2026 |
| Price Band | Rs 69 to Rs 72 per share |
| Lot Size | 1,600 shares (minimum bid 3,200 shares) |
| Issue Size | Rs 20.18 crore (28,03,200 shares) |
| Issue Type | Book Built Issue, SME |
| Listing At | NSE SME |
| Allotment Date | 5 October 2026 |
| Listing Date | 7 October 2026 |
Papadmalji Agro Foods IPO Quick Facts
| Particulars | Snapshot |
|---|---|
| Minimum retail investment | Rs 2,30,400 (2 lots, 3,200 shares) |
| Minimum HNI investment | Rs 3,45,600 (3 lots, 4,800 shares) |
| Registrar | MAS Services Ltd |
| Lead Manager | Kreo Capital Pvt Ltd |
This snapshot is meant as a quick reference alongside the fuller details table above, so investors scanning the issue on mobile can find the essentials without scrolling through the whole page.
Papadmalji Agro Foods IPO Share Reservation
The issue follows the standard SEBI framework for a book built SME issue, with a separate market maker reservation alongside allocations for institutional, non-institutional and retail investors. Retail bidders must apply for a minimum of 2 lots, or 3,200 shares.
Papadmalji Agro Foods IPO Subscription Status Day 1
Bidding for the issue has opened today, 29 September 2026, so the category wise numbers below will fill in as the session progresses. QIB and larger HNI bids in SME issues can arrive at any point through the bidding window.
| Investor Category | Subscription Status, Day 1 (29 Sep) |
|---|---|
| Qualified Institutional Buyers (QIB) | Bidding just opened, updating through the session |
| Non-Institutional Investors (NII) | Bidding just opened, updating through the session |
| Retail Individual Investors | Bidding just opened, updating through the session |
| Overall | Bidding just opened, updating through the session |
Track Subscription Status for the issue on the Univest Screener
How to Apply for the Papadmalji Agro Foods IPO
- Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.
- Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 69 to Rs 72 band, with a minimum bid of 3,200 shares.
- Submit the application through the UPI-based ASBA method so the bid amount is blocked rather than debited immediately.
- Approve the UPI mandate on your phone before the daily cut off time, and remember the issue closes on 1 October.
Download the Univest iOS App or Univest Android App to apply for the issue on its opening day.
Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.
About Papadmalji Agro Foods Limited
Papadmalji Agro Foods Limited, promoted by Jai Agarwal, Premlata Agarwal and Aanya Agarwal, is a Bikaner-based food company engaged in manufacturing papads and related traditional food products under the Papadmalji brand, ahead of the issue.
Conclusion
The issue has opened for bidding today, 29 September 2026, giving investors exposure to a regional packaged papad manufacturer with a multi-brand portfolio. Investors considering the issue should study the company raw material and seasonal demand risks and SME liquidity risks in the RHP on nseindia.com, and apply only after independent due diligence.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs
What is the Papadmalji Agro Foods IPO subscription status on Day 1?
Ans. The issue opened for bidding today, 29 September 2026, so Day 1 category wise figures are still filling in through the trading session. Investors can track the live numbers on NSE as the day progresses.
When does the Papadmalji Agro Foods IPO open and close?
Ans. The issue opened for subscription today, 29 September 2026, and will close on 1 October 2026.
What is the Papadmalji Agro Foods IPO price band and lot size?
Ans. The issue price band is Rs 69 to Rs 72 per share, with a lot size of 1,600 shares. Retail investors must apply for a minimum of 2 lots, or 3,200 shares, taking the minimum investment to about Rs 2,30,400 at the upper price band.
What is the issue size and structure of the Papadmalji Agro Foods IPO?
Ans. The issue comprises 28,03,200 equity shares worth about Rs 20.18 crore at the upper price band, and the split between fresh issue and offer for sale is set out in the RHP.
What is the Papadmalji Agro Foods IPO GMP?
Ans. Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision, especially this early in the bidding window.
How do I apply for the Papadmalji Agro Foods IPO?
Ans. You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method, enter your bid quantity and price within the Rs 69 to Rs 72 band, with a minimum bid of 3,200 shares, then approving the UPI mandate before the daily cut off.
When will the Papadmalji Agro Foods IPO be allotted and listed?
Ans. The issue allotment is expected to be finalised on 5 October 2026, and the shares are tentatively scheduled to list on the NSE SME platform on 7 October 2026.
What does Papadmalji Agro Foods Limited do?
Ans. Papadmalji Agro Foods Limited manufactures handmade and machine-made papads, ready-to-fry papads, rice papads, vrat special papads and moongodi under the Vishal, Rozana, Papadmalji, Diamond and Zhakaas brands.
What was Papadmalji Agro Foods’ recent financial performance?
Ans. Papadmalji Agro Foods reported revenue of Rs 33.53 crore and profit after tax of Rs 5.21 crore for the financial year ended 31 March 2026.
Who are the registrar and lead manager for the Papadmalji Agro Foods IPO?
Ans. MAS Services Ltd is the registrar for the issue, and Kreo Capital Pvt Ltd is the book running lead manager for the issue.
